Hi Folks, the video update should up in just a minute…

By the way, this video came out in an interesting format, if you have any questions about the material in the video just let me know but the information should still be good even though the screen is moving all around (you’ll see what i’m talking about when you watch the video)

1:30pm PST

Hey all,

FORUM:

GREAT news, the forum for all about pips is back and running!  We had some serious problems before with bots posting spam but I’ve taken care of that and now it’s clean and clear.  I had to delete all the members so please go and re-register for the forum.  Plus the forum is now organized into several topics like “broker review” and “Robot review” so it should be interesting to see all the information you have to share!  So join the forum by clicking on the forum button (just to the right of this post) and register and away you go!!

LIVE CHAT:

By the way, if you haven’t joined the live chat room for all about pips, you’re missing out!  I just started it yesterday and so far we have LOTS of members sharing lots of great market/trading ideas!  Read the post just below this one for details on how to join!

VIDEOS:

Last but not least, I’ll be posting videos several times a week, make sure to watch those because there’s lots of good market info there!  The lastest video post about the GBP/JPY and EUR/JPY has yielded hundres of pips so far, DON’T MISS THE BOAT!!

Happy trading/weekend!

I’ve got exciting NEW information for all you out there!!  I have had many requests from several of you to get some sort of chat room going for the all about pips community, some way that many of you can be on to chat about the market and share trading ideas.  We’ll it’s finally here!!!

What we’re going to do is use a well respected service called Skype (www.skype.com) where we’ll now have the ability to leave a chat room open and running 24/7, where people can come and go as they please, read past text and enter their own ideas about trading and the market.  It’s a great way to share trade ideas and just overall not be the only one sitting and trading the day away, alone!  Let’s create an All About Pips Community, one that’s full of good ideas and GREAT traders, who’s coming with me?

Ok here’s what everyone needs to do, go to www.skype.com and download the software, it’s free and simple.  Once you’ve downloaded it, go to the “new contact” feature and add me, Jared Johnson to your contact list– my username is “j21johnson” (without the quotes).  Once I see you add me as your contact, I’ll add you to the chat room and away we go talking about trading and markets and all that stuff!!  Sound simple enough?  Well, what are you waiting for?!  Lets get to it folks!!

OK, I anxiously await the adds from all of you… its probably going to be a bit of a quiet weekend with the holiday coming up but that’s ok, it give everyone time to figure out how this mumbo jumbo works!

Happy trading and we’ll see you in the All About Pips FX Chat room!!

Jared J.

Hey everyone, we’ll have a video update of the above mentioned currency pairs within 1 hour… it’s just preparing for the upload, I’ll have it up ASAP.

Time posted: 10:30am pst

Have a look at the video, there are some update details about the EUR/JPY and GBP/JPY pairs.  What we’re looking at on all these pairs is a break out to the top or bottom.  Make sure the levels are broken before entering any of the trades, trade with the trend and indicators.

TIME POSTED 11:30am PST

Hey everyone, I’m finally getting this video thing up and running, keep your fingers crossed!!  The update on the usd/cad and aud/usd will be posted within minutes…

Posted at 4:15pm PST

Ok, here we go again with these live trades… for all those that were there last night, we’ll see you again tonight and for those that missed it— COME JOIN IN!!

Once again that time is,

Wednesday, May 20th at 3:00am EST

Reserve your Webinar seat now at:
https://www2.gotomeeting.com/register/947132922

Hey all, I just sent out the mass email tell everyone that for this Sunday night post I would be doing something different, instead of writing everything out I put it in video form and I’ll be posting it on the site shortly.  The video has been finished for a few minutes but it’s currently converting to wmv format through go to meeting and that has proven to be quite a slow process!  Anyway it’s telling me “45 minutes to go” so i hope it doesn’t take that long.  But I’ll have the video up just as soon as it’s ready to be loaded.  Keep an eye on the site, it’ll be up shortly!

PS, at the time of this writing we had a nice little earth quake, Tank was going crazy with the floor of the house moving!

VIDEO UPDATE:

5/18 8:45am PST

Well folks, unfortunately my first attempt at getting a video posted on the site was unsuccessful! :(  There were all kinds of issues, like length and format that got in the way.  It’s pretty unfortunate because there was good good information in that video, especially seeing how the market moved last night.  Anyway, to make up for the video I’ll either be doing a live update this evening (late, probably at the start of the UK trading session. )  Or I’ll keep working on the video thing… Either way I’ll get the information to you all today.  Keep an eye on the site over the next several hours for more details.

Happy trading.

Jared J.

Hi folks,

We’ve had lots of movement over the last few days and the markets have been most of everywhere.  But things are finally lining up and I think there’s going to be some good entries coming up in the next few hours/days.

AUD/USD:

TIME POSTED: 11:30am PST.

I have just entered a sell on the AUD/USD pending the finalizing of the 4h crossover.  We had a nice double top at about the 0.7700 level and the market has been falling since.  If this 4h crossover can continue there should be a good movement following this down.  The first level for take profit should be approximately at the 0.7485 area.  the pair is currently trading at 0.7535

Hey everyone, I hope you all had a great weekend filled with lots of fun!  I know i did, the weeks are so full of work and trading that by the time Friday afternoon rolls around I’ve got one thing on my mind… having a good time doing something NOT trading related! ;)  Anyway, it was a great weekend and now that the market is moving there is LOTTSSSS to talk about!  I’m still working on the post so check back in a few hours, it should be up by 10 or 11pm PST.

Here’s a little preview of what I’ll specifically be talking about, the EUR/USD has finally broken out of it’s range channel of the last almost 2 weeks and the NZD/USD (a pair i don’t usually watch) has reached an important level and is ready for something major.  So we’ll be talking about those two as well as several others.

CONT’D— REMEMBER, CLICK ON THE PICS FOR A LARGER VIEW.

EUR/USD:

This pair has been quite interesting over the last few weeks, although it has held in the summer channel nicely it’s been quite difficult to trade.  Refer to the diagram of the pair below.  It’s in a nice uptrend and a break past the 1.3665 level should take it the rest of the way to the top of the summer channel (1.3750 area) and even possibly beyond.  All signs point towards a continuation of the upward trend for now. However watch for quick reversals, on the 1h chart, to the downside.

GBP/USD:

This pair has also maintained a quite solid uptrend over the last several weeks and has exceeded the 1.50 by a over 200 pips leading us to watch new levels, refer to the diagram below about the pair.  We have seen a steady uptrend but an important thing to remember is a pair can only go up/down for so long, a turn around during the summer is always immanent.  Have a look…

NZD/USD:

I don’t watch this pair much but we can’t ignore what it’s been doing over the last few weeks.  A steady uptrend has lead us to an important point, the day chart is showing us a nice possible level of break through or bounce, this will be important this week.  I will keep everyone posted about this level/pair but I think it’s definitely worth watching.  Refer to the diagram below…

GBP/JPY:

This pair has been tricky over the last little while, but I think things are finally calming down and it has finally reached an important level which gives us a chance to take advantage of the movement one direction or another.  I’ll be posting more on this pair as the week continues but for now just be aware of where it is and where it could be headed. Again, refer to the diagram below…

Happy trading and keep an eye on the site, there’s plenty more information coming on these pairs over the next day or so.

Jared J.

Hi All,

I haven’t had LARGE amounts of time today to look at the charts due to some MUCH needed time off for the weekend.  So I’m just having my first look at the markets since the close on Friday, so it’s going to take a few hours this evening and tomorrow to get a good feel for where the market is headed.  One thing is for sure, the Yen pair are moving and it looks like the continuation of the uptrend is back (upward movement on the JPY pairs, this means JPY weakness).  So I’ll be watching those pretty close, along with the EUR/USD which seems to be bouncing nicely off the bottom of the summer channel headed for the top at 1.3600 to 1.3750.  But I have a lot to say about all that is coming and I’m traveling tonight so i’ll get updated on the market and post the final beginning of the week update Monday afternoon.

More to come Monday, but for now enjoy the end of the weekend and lets prepare for an exciting week to come.

UPDATED, CONTINUED FROM SUNDAY…..

POSTED 5/4/09, 10:45PM PST

Ok folks, there’s LOTS of economic news to be considered in the movements of these currency pairs but in the interest of time we’re going to cut to the chase, LEVELS and SHORT TERM TRENDS!  We have the the JPY pairs making some solid movements up in continuation of the overall retracement from the big down run from late last year.  My outlook on a weak’ish Yen continues and a steadily increasing uptrend is still a focus of mine.

Onto the details,

USD/JPY:

This pair is in a nice uptrend and has been following a consistent ascending trend line since mid January of this year.  It’s facing some serious resistance just below the 101.00 level, it will be interesting to see when this area is broken.  Watch for some continued downward movement from the 1h crossover, possibly to the 98.20 level, but from there I will be looking for continued upward movement.

AUD/JPY:

This pair is text book on predictable movements.  I’ve been long in this pair for a few weeks now.  It bottomed out at the 55.00 area back in Oct of last year and again in Feb of this year and has been following a nice ascending trend line since Feb.  It’s reaching some serious resistance at the 73.50 area, a break above this level will be crucial to the continued upward movement.  Specifically watch a break of the 73.55 level, that will be the one to enter a buy as it breaks.

EUR/JPY:

The JPY pairs will, for the most part, follow each other so watch for this one to be “going with the flow.”  Watch for this 1h crossover down, this pair has the potential to reach the 130.75 area in the near term.  Keep an eye on that, but likewise watch for the break of the upper level of 132.85, this in an important upper level that will trigger some bursts of UP energy.

EUR/USD:

As far as this pair goes, it’s been a little boring lately with some tight channels but it’s been fairly consistent.  So I’m watching for the uptrend to continue to the top of the channel, breaking the 1.3400 level is crucial for this pair to finally make it to the 1.3600-1.3750 area.  I’m watching for this uptrend to continue over the near term.

GBP/USD:

This pair is behaving very interesting, it looks more determined than ever to break that 1.5000 level once and for all.  I’m holding out for a bounce but I won’t be entering either direction until I can get some extra confirmation of a bounce or break of that 1.50 area.  So keep your eyes open and trade the market we have, not the market we want so lets be open to what the indicators are telling us.  This upper level could be broken, the EUR/USD channel is holding perfectly but this one is showing some characteristics of breaking out.  We’ll see how it goes…….

Good luck and stay posted on the upcoming live trades this week and the movements from this post.

Happy trading,

Jared J.